More Iraqi News Monday PM 1-3-22
More Iraqi News Monday PM 1-3-22
TLM724 Administrator BondLady’s Corner
Experts: Iraq Enters 2022 To Determine Its Economy
Posted On 2022-01-03 By Sotaliraq Baghdad: Adnan Abu Zaid Economists see in the completion of the withdrawal of the combat forces of the international coalition, and the nearness of complete liberation from the constraints of Kuwaiti compensation, a new hope for Baghdad to move to a new stage in determining the country's economic destination.
The file of Kuwait’s compensation as a result of the Iraqi army’s invasion of its lands in 1991, is one of the largest files that have accumulated on the shoulders of Iraqi finance in general for thirty years, and the salvation of it according to the deductions tables imposed by the Security Council is a positive motive in conjunction with the escalation of oil export revenues, according to a chief adviser Ministers for fiscal policy, the appearance of Muhammad Salih.
Specialists hope - in addition to the improvement of Iraqi diplomatic relations - that the establishment of compensation will be directed to several vital sectors, and local infrastructure, including electricity and basic services.
Observers and stakeholders stress the need for new governments to start drawing up the country's general economic policy, provided that the new sums are directed in the right direction, given the upcoming oil glut with the rise in global oil prices.
The end of the Kuwaiti compensation file and the withdrawal of foreign forces provide two new factors, namely, the completion of Iraq's obligations to exit from Chapter VII restricting Iraqi funds in the US Federal Bank, in addition to the local forces taking over their responsibilities after the end of the war on ISIS and the start of achieving high rates of reconstruction in the liberated areas LINK
The Rise In Oil Prices And Brent Recorded $ 78.37 A Barrel
Economie| 08:23 - 03/01/2022 Follow-up - Mawazine News: Oil prices recorded, on Monday, a remarkable increase with the positive launch of the new year 2022 market, despite fears of a decline in demand due to the rapid spread of the Covid-19 pandemic, which limited the gains. Brent crude rose 59 cents, or 0.76 percent, to $78.37 a barrel. US West Texas Intermediate crude futures rose 63 cents, or 0.84%, to $75.82 a barrel. Ended 29/A4 https://www.mawazin.net/Details.aspx?jimare=180443
The Dollar Is Slightly Depreciating In Local Markets
Economie| 10:30 - 03/01/2022 Baghdad - Mawazine News, today, Monday, the dollar exchange rates decreased slightly in the local markets.
And the selling prices of the dollar were recorded at 148.200 dinars per 100 dollars, while the purchase prices of the dollar were recorded at 147.900 dinars per 100 dollars.
And the selling prices of the dollar recorded yesterday, Sunday, 148.250 dinars per 100 dollars, while the purchase prices of the dollar recorded 148,000 dinars per 100 dollars. Ended 29/N33
https://www.mawazin.net/Details.aspx?jimare=180459
Iraq Exceeds 41 Million People
Political | 04:27 - 03/01/2022 Baghdad - Mawazine News , the Ministry of Planning announced, on Monday, its estimates of the population of Iraq for the year 2021, according to population projections based on annual estimates prepared by the Central Bureau of Statistics, according to equations and statistical criteria based on the annual growth rate, fertility rates and survival rates.
And the ministry stated in a statement that Mawazine News received a copy of it, that "the estimates of the population of Iraq for the year 2021 amounted to (41,190,658) million people, with (20,810,479) million males, constituting 51%) of the total population, while it was estimated The number of females is (20,380,179) million, constituting (49%) of the total population.
She added, "The estimates of the population of urban areas of Iraq amounted to (28,779,201) people for the year 2021, at a rate of (69.9%) of the total population of Iraq, while the population of rural areas reached (12,411,457) people, or (30.1%) of the total population of Iraq." Noting that "the estimates showed that the capital, Baghdad, formed the highest province in population for the year 2021, with an estimated population of (8,780,422) million people, constituting (21.3%) of the total population of Iraq, while Al-Muthanna governorate was the least populous of the provinces by about (880). ) thousand people, at a rate of (2.1%). https://www.mawazin.net/Details.aspx?jimare=180499
Planning Announces Its Estimates For The Population Of Iraq In 2021
Monday, January 3, 2022 4:31 PM Baghdad/National News Center The Ministry of Planning announced, on Monday, its estimates of the population of Iraq for the year 2021, according to population projections based on annual estimates prepared by the Central Bureau of Statistics, based on equations and statistical criteria, based on the annual growth rate, fertility rates, and survival rates.
And the ministry revealed in a statement received by the “National News Center” that “the estimates of the population of Iraq for the year 2021 amounted to (41,190,658) million people, with (20,810,479) million males, constituting a percentage (51%) of the total population, while the number of Females, with (20,380,179) million people, constitute (49%) of the total population.
The ministry added that "the estimates of the population of urban areas of Iraq amounted to (28,779,201) people for the year 2021, at a rate of (69.9%) of the total population of Iraq, while the population of rural areas reached (12,411,457) people, or (30.1%) of the total population of Iraq."
And she pointed out that "the estimates showed that the capital, Baghdad, formed the highest province in population for the year 2021, with an estimated population of (8,780,422) million people, constituting a percentage of (21.3%) of the total population of Iraq, while Al-Muthanna governorate was the least populous of the provinces by about (880). ) thousand people, at a rate of (2.1%).” https://nnciraq.com/112557/
Resources Proposes Legal Legislation To Stop Wasting Water In Agriculture
Sweetened Today, 21:32 BAGHDAD – The Ministry of Water Resources proposed, today, Monday, legal legislation to prevent water waste in agriculture, and while it provided solutions to overcome the problem of water scarcity, it confirmed that the Iraqi delegation visiting Turkey will soon demand that an annual quota be installed from the Tigris and Euphrates waters.
Adviser to the Minister of Water Resources, Aoun Diab, told Al-Iraqiya News, and it was followed by the Iraqi News Agency (INA), that "entering the memorandum of understanding between Iraq and Turkey on water requires the implementation of a set of items to move forward, and therefore an Iraqi delegation will be sent to visit Ankara to go the talks further."
He added, "The memorandum established positives by securing a share of the waters of the Tigris and Euphrates, and we aim through this visit to determine the annual water quota, and the issue is associated with the projects implemented by Turkey, including the Al-Ghab project in the south of the country.
He continued, "The problem is that the previous memorandums of understanding were not implemented because it was not ratified, while the last memorandum was ratified by the Turkish Parliament and President Recep Tayyip Erdogan, which means that Ankara is obligated to implement it because it took the form of an agreement."
He pointed out that "Iraq will demand a water share of approximately 13 billion cubic meters of the Tigris River column, and that Turkey will not complete more than 75%, and the percentage may reach 9.750 billion cubic meters if 100% of the projects are completed."
Regarding the solutions that Iraq must implement to address water scarcity, Diab explained that “the ministry has presented plans and a strategic study, and it needs to secure a large cash block to implement 3 solutions represented in engineering works to change the irrigation system currently in force in Iraq, and secondly,
rehabilitate the existing projects implemented before they go towards extinction, and thirdly, establish networks Irrigation via closed irrigation.
He stressed that "the use of water in agriculture as currently applied causes great waste, and therefore a proposed law must be enacted by us entitled (Modern Irrigation), which obliges the farmer to install a modern irrigation system in exchange for providing support to the farmer, provided that no support is given to those who do not need any support." https://www.ina.iq/145390--.html
Disclosure Of The Most Prominent Investment Opportunities Available In Iraq
Economie Yesterday, 19:53 Baghdad - conscious - Amna Al-Salami The investment sector in Iraq was exposed to obstacles and problems that negatively reflected on the service reality of the Iraqi citizen with the high rate of unemployment,
but the recent government moves have renewed hope for the development of investment after taking several measures, including
granting facilities to investors and
eliminating corruption and red tape in completing transactions in addition to
providing a safe environment with the aim of Providing large service projects that provide services and job opportunities for Iraqis.
Observers and specialists confirmed that investment in Iraq, so far, is not at the required level, and there are a number of measures that must be taken to put this file on the right track.
Practical measures to support investment
The head of the Investment Authority, Suha Al-Najjar, told the Iraqi News Agency (INA), that "the commission has been continuing for a year of continuous work with successes despite the challenges it faces," noting that
"the most prominent thing that the commission has done in the field of investment in the service of citizens is the Rafael city project, which is considered A supportive administrative capital for the capital, Baghdad, and the accompanying tangible economic and social reflection on the Iraqi economy for its active and expected participation in solving part of the problem of increasing population expansion and the accompanying urgent need for housing with its contribution to absorbing a percentage of unemployment by providing large job opportunities up to (100) thousand opportunities a job".
Al-Najjar added, "Under the guidance of Prime Minister Mustafa Al-Kazemi, the first down payment from the Bismayah City project was reduced from (25%) to (10%) of the value of the housing unit in a supportive step for this housing project and a 50% reduction of the interest rate. To be (2%) instead of (4%) and in proportion to the standard of living of a large segment of citizens, in direct coordination with Iraqi government banks.
And regarding the control of corruption in the investment file, Al-Najjar confirmed, “The doors of corruption have been controlled in tax exemptions through which building and other materials are entered into the country without paying customs duties, as it is exempt from that, and which represents a blow to the Iraqi economy and a boost to unemployment, through the formation of A department in the authority employs the best talents and specialists to monitor those exemptions and imported materials,” she asked,
“How can local products compete with foreign products that entered while they are exempt from customs?”
And she added, "The doors of corruption have also been controlled in granting entry visas that are granted to investors to bring in foreign workers and enter company cadres and the corruption that occurs in it, as some non-serious investors work to bring in hundreds of foreign workers and the visas are sold to them or they receive fees from the coming people." To work in Iraq,” she explained,
“The commission has checked all the features included and excluded any suspicious features.”
She explained, "The investment licenses that recorded a completion rate ranging from (zero - 35%) have been withdrawn and canceled, and the time period available for project implementation has expired," noting that
"the authority continues its procedures related to withdrawing investment licenses for lagging projects after studying them by specialized committees to determine the The circumstances of each project and the reasons for the delay in coordination between the National Investment Commission and the investment authorities in the governorates.
The head of the Investment Authority stressed that "there is great cooperation to identify those uncompleted and lagging projects to support the reality of investment in the governorates. "Direction to expand the area of investment regionally and globally
For her part, a spokeswoman for the Investment Authority, Hanan Jassem, told the Iraqi News Agency (INA), that "the current year 2022 will witness qualitative and real leaps in the investment file," explaining that "the authority is interested in developing and expanding investment in a number of files, most notably the alternative solar energy for electric energy by virtue of need.
The increasing growth of Iraq from this energy, as well as in the field of residential complexes, and other areas."
Jassim continued, "Our next plan includes directing Arab and local investment, as well as foreign investment."
Large areas for investment
A spokesman for the Ministry of Agriculture, Hamid Al-Nayef, tells the Iraqi News Agency (INA), that "with regard to investment in Iraq, especially in the field of cultivated areas, the areas exist, especially in the Muthanna Governorate, which is estimated at up to one million acres, as it was also offered for investment and placed under the supervision of The National Investment Commission, which is responsible for contracting and working," he said, noting that "local investors do not invest in Iraq because of the laws."
Al-Nayef stressed, "the need for there to be a special agricultural law for investment, with the provision of facilities." https://www.ina.iq/145382--.html
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